Galore Announces Up to $100,000 Financing
December 17 2012 - 11:59AM
Marketwired Canada
Galore Resources Inc. (TSX VENTURE:GRI) announces a non-brokered private
placement of up to 1,000,000 units at a price of $0.10 per unit. Each unit will
consist of one common share and one share purchase warrant. Each warrant will be
exercisable into one additional common share at a price of $0.20 per share for a
period of one year from the date of closing of the financing.
The proceeds of the offering will be used for a further exploration on the
Company's gold projects in Mexico, and for general working capital. The private
placement is subject to acceptance by the TSX Venture Exchange.
Uwe Schmidt, President
Cautionary Note Regarding Forward-Looking Information: The Company expressly
warns readers not to rely on the information herein for investment or other
related purposes. Accordingly, any use of this information is at your own risk
and without liability to the company. The information contained herein is not,
and under no circumstances is to be construed as either a public or a private
offer or solicitation to purchase securities in the capital stock of Galore
Resources Inc. The reader is referred to his/her professional investment advisor
regarding investment or related decisions respecting the securities of the
company. No securities commission or similar regulatory authority has passed on
the merits of or reviewed the information contained herein.
FOR FURTHER INFORMATION PLEASE CONTACT:
Galore Resources Inc.
Amanda Fales
Manager of Corporate Affairs
604-647-2298 or Toll Free: 1-877-647-2298
604-647-0086 (FAX)
afales@galoreresources.com
www.galoreresources.com
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